Posts tagged Nixon
World War III: the unthinkable cost of preserving the petrodollar
2Source: http://www.pakalertpress.com
As noted by many of our readers, one of the key topics omitted from our article on the inevitability of economic collapse was the petrodollar system. Due to its significance, we felt that this subject deserves its own article. If you have never heard of the petrodollar, don’t be surprised. There’s a good reason for this. No major news network will dare touch this subject because if this information was ever to become public knowledge, politicians would find it next to impossible to convince American people to support any more wars. Public approval of wars is only possible as long as people remain ignorant of the primary driving force behind our foreign policy. The reason you haven’t heard of the petrodollar system is because our government wants you to think that we start wars to spread democracy.However, if you want to distinguish truth from propaganda, if you want to know the real reasons behind the global conflicts in our recent history, you must first learn about the petrodollar system. Without this crucial piece of info, you will have a hard time understanding what really happened in Libya, what’s happening in Syria right now and what’s going to happen in Iran next.

http://www.crisishq.com/why-prepare/world-war-3-preserving-petrodollar/
Why did NATO and the U.S. aid Libyan “rebels” in killing Gaddafi? Why was our government willing to support and arm the same terrorists that would later turn on our embassy and murder US Ambassador to Libya, Chris Stevens? Why was killing Gaddafi so absolutely imperative?
Why are we now doing the same thing in Syria? Why are U.S. operatives currently on the ground in Syria aiding Al Qaeda to topple Assad? Why are we willing to work along side known terrorists just to destabilize Syria and overthrow the regime there?
Why are we willing to risk World War 3 by attacking Iran, a key ally to Russia and China? Pakistan and North Korea already possess a nuclear stockpile, but Iran is years away from developing a nuclear weapon. Iran has no military capability to target the U.S. and it has not attacked another country since 1798. Yet the media is trying to convince us that we are weeks away from Ahmedinajad unleashing his non-existent weapons of mass destruction. Sound a little familiar? Have we heard this before, maybe?
So what is the petrodollar system and why is it so important? Why is the United States willing to trigger a new world war just to maintain the hegemony of the petrodollar? To get a proper perspective we need to start with a quick historical background:
Bretton Woods Conference

In July of 1944, as World War II was still raging, 730 delegates from all 44 Allied nations gathered in Bretton Woods, New Hampshire, to setup institutions and procedures to regulate the international monetary system and to establish the rules for commercial and financial relations among the world’s major industrial states.
The Bretton Woods Agreement established the dollar as the world’s reserve currency, which meant that international commodities were priced in dollars. The agreement which gave the United States a distinct financial advantage, was made under the condition that those dollars would remain redeemable for gold at a consistent rate of $35 per ounce. The fixed dollar to gold convertibility rate established a stable platform for global economic growth.
Judge Napolitano: Executive Privilege Only Applies If Obama Involved
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So what was Obama’s level of involvement in the incident and the cover-up?
Related post:
Attorney General Eric Holder, “Fast & Furious”, Contempt and Executive Privilege
DAMN IT PEOPLE DON’T YOU GET IT???
0Great video, some adult language for those concerned.
[CIM Comment]
Now more than every we need the Champion of the Constitution!
Please visit Ron Paul’s official campaign site by following the link below and donate today!
‘Presidential Secrets’–Former Operative Chip Tatum Speaks (Full Length UnCensored)
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This video presents one of the most provocative interviews ever conducted by Ted Gunderson, a retired FBI Senior Special Agent in Charge; it is with Gene “Chip” Tatum, a former CIA Black Ops Assassin who was also an Iran-Contra and OSG2 NWO Insider. In this video, you’ll hear Chip discuss his involvement in Operation Red Rock, Task Force 160 and OSG2. Hear him reveal the names of high profile officials who were integrally involved in these CIA covert killing sprees and/or narco-trafficking, directly or indirectly: Oliver “Ollie” North, Ronald Reagan, George H.W. Bush and Bill Clinton. You’ll learn from an “insider” about outrageous U.S. government felony crime and corruption and the impending New World Order destruction of America. You’ll hear his amazing insight concerning the Nixon Administration and the dirty politics of the Vietnam War. This is the last interview prior to his sudden disappearance in 1998.
LATEST UPDATE: Chip’s tortured body was reported to have washed up on a beach in Panama in early 2007. See the other video interview with Chip Tatum called ‘Black Ops Interview’ posted on Youtube.
[CIM Comment:]
I have no wishes to control the votes of others, your vote is your job knowing what is really going on. I will tell you where mine is going based on years of study.
Now more than every we need the Champion of the Constitution!
Please visit Ron Paul’s official campaign site and donate today!
Some Questions That Donald Trump Might Ask
0Source: http://lewrockwell.com
by Thomas J. DiLorenzo
by Thomas J. DiLorenzo
Upon hearing that Donald Trump will interview his fellow neocons at another GOP debate in late December, I recalled that Trump gave the Republican nomination a shot himself in 2000, and of course again briefly in the past year. A quick Web search unearthed quite a few of Trump’s political opinions on topics ranging from civil rights to war. After reading through some of these Trumpisms I thought I’d attempt to anticipate some questions that “The Donald,” as he is sometimes called, would ask his fellow neocons who are seeking the Republican nomination. So here goes.
“Mr. Gingrich, when I sought the nomination in 2000 I asked the question, ‘Who else has called for a pre-emptive strike on North Korea?’ Would you agree with me that we should start another war with North Korea?”
“Senator Santorum, when I was running I said that Israel is “our unsinkable Mideast aircraft carrier” that “is there for us.” But, well, not exactly. There are no Israeli soldiers fighting side-by-side with “us” in Iraq and Afghanistan. If you become president, would you pressure Israel to supply soldiers for our Mideast wars?”
“Governor Romney, I know you have taken a lot of heat for being, well, a socialist by introducing socialized healthcare in Massachusetts. I suspect you might agree with me that there’s nothing inherently bad about socialism as long as it’s run by smart, deal-making businessmen like you and me. For example, when I was running I proposed a 14.25% wealth tax on “the wealthiest Americans,” something the Marxist-inspired “Occupy Wall Street” movement would probably go for. I also called for universal healthcare, stating that what we need is a “well-administered single-payer system.” Would you in fact agree with me that socialism of this sort is OK as long as it is well administered by smart and handsome businessmen like us?”
“Governor Perry, when I was running I advocated the death penalty for convicted murderers, and stated that “lethal injections are too comfortable a way to go.” Would you, as president, issue an executive order to allow a state like Texas to ignore the constitutional prohibition of cruel and unusual punishment and allow the state to publicly behead convicted murderers?”
“Back to Mr. Gingrich. Mr. Speaker, even though we now have a military presence in over 150 countries and our military budget exceeds that of all the other nations of the world combined, I stand by my statement made eleven years ago that ‘the defense budget is too low.’ Don’t you agree?’”
“Here’s a question for all the panelists: I have often said that ‘a good deal maker is cunning, secretive, and focused,’ and that, as such, Richard Nixon was one of our best political deal makers ever. If president, would you resurrect the Nixonian art of deal making, as I have suggested?”
“At the risk of appearing to be a bitter, small-minded cheap shot artist, here’s a question for Congressman Ron Paul, who is not here tonight (as Trump addresses an empty chair on the stage): Congressman Paul, wouldn’t your agenda of peace, real, free-market capitalism, and free trade with all leave you, as president, with almost nothing to do? Why would anyone vote for a man who simply wants to leave everyone alone to pursue their own interests with government doing nothing but protecting life, liberty, and property? And a defense policy that defends America sounds nice, but then who would be the world’s policeman? Who would make sure that everyone is behaving themselves in Central Africa and the Far East? I won’t stay up all night waiting for answers to these questions – I’ve got a Miss USA contest to prepare for.”
December 9, 2011
Thomas J. DiLorenzo [send him mail] is professor of economics at Loyola College in Maryland and the author of The Real Lincoln; Lincoln Unmasked: What You’re Not Supposed To Know about Dishonest Abe and How Capitalism Saved America. His latest book is Hamilton’s Curse: How Jefferson’s Archenemy Betrayed the American Revolution – And What It Means for America Today.
Copyright © 2011 by LewRockwell.com. Permission to reprint in whole or in part is gladly granted, provided full credit is given.
[CIM Comment: Now more than every we need the Champion of the Constitution!]
Please visit Ron Paul’s official campaign site and donate today!
The Many Collapses of Keynesianism
0Source: http://www.thedailybell.com
Saturday, August 27, 2011 – by Lew Rockwell
It should be obvious to everyone but the most dedicated adherent of Keynesianism that the stimulus did not accomplish its end. The combination of outright spending by Congress, the desperate schemes to reflate the housing market, the attempt to transfuse bleeding firms with other people’s money and the creation of trillions in artificial money has not done a thing to lift the US economy.
Actually, the reverse has been true. All these efforts have prevented the adjustment of economic forces to the post-boom world. And all the resources that the stimulus consumed were extracted from the private sector, for we must always remember that government has no resources of its own. Everything it does must come from the hides of private producers and the citizenry in general, in the future if not immediately.
It’s tedious that we had to learn this lesson yet again, for it was only 38 years ago that we experienced yet another collapse of the Keynesian paradigm. The color of the theory was a bit different in those days. The fine-tuning operations of the government were supposed to operate according to a fixed model in which there was a tradeoff between inflation and recessionary unemployment. If unemployment got too high due to slow economic growth, their solution was said to be simple: reflate and deal with the costs. If unemployment then became too low in recovery – leading to an “overheating,” as the parlance of the time put it, the answer was to deflate.
The point of this simple trade-off was to boil down the opaque notions of Lord Keynes to their central-planning essence, and to avoid the endless legislative tangles that plagued the New Deal years. The Keynesians had claimed that FDR’s experiment in countercyclical policy was not well planned and not scientifically administered, which is why it didn’t go as planned. Thanks to the postwar clarity of the new, simple model, Keynesians would get it right this time.
They certainly got their way in terms of policy. In 1971, Richard Nixon had abolished the last vestiges of the gold standard, finally untying the dollar from any relationship to physical gold and setting it loose to float like a kite on a string – or maybe without the string. It was supposed to be the Keynesian ideal. No more fetters. No more of the barbarous relic. No more limitations on what the scientific planners in government could or could not do. Now they could act to bring about the socially optimal combination of inflation and unemployment. Nirvana!
The Latest on Operation Fast and Furious / Project Gunwalker
0Source: http://hotair.com/
posted on July6 and July 10, 2011 by Tina Korbe
Video: Hume: The Obama DOJ reminds me of nothing so much as the Nixon Justice Department
Last week, of course, was a big week in the investigation of Operation Fast and Furious, the international gunrunning scandal that Obama administration officials still refuse to clear up. Today, Fox News senior political analyst Brit Hume characterized the ongoing scandal perfectly:
“This Obama Justice Department reminds me of nothing so much as the Nixon Justice Department,” Hume said on Fox News Sunday. “You have the scent of high-level knowledge of serious wrongdoing and you have the smell of cover-up and I think the stench of cover-up on this gun-running operation is very strong indeed.”
Hume’s commentary comes after Kenneth Melson, the acting director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, last Monday gave secret and exclusive testimony to congressional investigators Rep. Darrell Issa (R-Calif.) and Sen. Charles Grassley (R-Iowa) to the effect that ATF was not the only agency involved in the scandal, taxpayer money was used to finance the gunrunning and Department of Justice officials explicitly instructed ATF officials not to respond to congressional inquiries.
The previous article referenced from July 6 is below.
ATF Director Melson’s secret Fourth of July fireworks and the post-testimony fallout
This came out this morning, but, in case you haven’t yet caught the summaries on Townhall.com, The Daily Caller or elsewhere, these facts are worth yet another review.



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